Demat Account:

In your Kotak Securities Trinity Account, you get a demat account opened with usKotak Securities. Kotak Securities'demat account offers you a secure and convenient way to track your securities and investments. Kotak Securities is a depository participant both with -National Securities Depositories Limited (NSDL) and Central Depository Services Limited (CDSL)

Demat A/C benefit

Easy way of dealing in physical certificates with delays in transaction, holding and trading in Demateralised form

Settlement of Securities traded on the exchanges as well as off market transactions.

Change of address, Signature, Dividend Mandate, registration of power of attorney, transmission etc. can be effected across companies held in demat form by a single instruction to the Depository Participant (DP).

Holding / Transaction details through Internet /email.

SCHEDULE OF CHARGES

Sr.No.

Account Head

Rate

Minimum Payable

1

Dematerialisation

Rs.50/- per request and Rs.3/- per certificate

--

2

Rematerialisation

Rs.10/- for 100 shares

Rs. 15/-

3

Debit Transactions
- On Market
- Off Market

0.04% of the value of securities
(Plus NSDL charges as applicable)

Rs. 27/-
(Plus NSDL charges as applicable)

4

Account Maintenance Charges
- Resident Indian
- NRI

Rs. 50/-per month
Rs. 75/-per month

--

5

Pledge Charge

0.05% of the value of securities

Rs. 30/-

6

Invocation of Pledge

0.04% of the value of securities

Rs. 30/-

7

Charge for Client Master charge intimation

Rs.25/-

--

Notes:

There are no charges payable at the time of opening account. All other charges will be billed on a monthly basis

In case of delays in the payment of charges, the demat account can be frozen for all operations till such time all dues are cleared. Please refer clause VIII mentioned in the agreement signed by you.

"All market instructions for transfer must be received latest by 4.00 p.m. on the previous working day prior to the pay in day as per SEBI Guidelines. All off market instructions for transfer must be received atleast 24 hours before the execution date. Late instructions would be accepted at the account holder's sole risk and responsibility".

Charges are subject to revision at the company's sole discretion and as per revisions in NSDL charges.

Any service not quoted above will be charged separately.

Value of transaction will be in accordance with rates provided by the Depository or actual transaction value, whichever is higher.

Service tax and other statutory charges if applicable will be levied separately.

Quarterly statements of transaction may not be sent to the clients, if there is no transactions and no securities balance in the account. Annual Maintenance Charges will NOT be levied in such cases.

In accordance with the SEBI circular (Ref # SEBI Circular No. CIR/MRD/DP/22/2012 dated August 27, 2012) effective from 1st October 2012 all Sole or First Holders of a demat account having value of securities not exceeding Rupees Two Lakhs are eligible and have an option to avail Basic Services Demat Account (BSDA), As per the said SEBI circular, for availing BSDA facility, the individual shall have only one BSDA in his/her name across all depositories for availing this facility a request letter in the prescribed format (available at you nearest Kotak Securities branch) can be submitted with the account opening form. Also an existing individual client who is eligible to convert his Demat account into BSDA can do so by submitting the request letter in this regard. In case the BSDA account holder converts such account into Non-BSDA (regular account) account or the account holder ceases to meet the eligibility criteria for BSDA account, the charges applicable to Non-BSDA (regular account) shall be levied.

For demat accounts having NIL transactions during the year, statement of holding will be sent only once in a year w.e.f. 1st October 2012